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At Bombardier,
Demand for Jets
Helps Boost Profit

By

Christopher J. Chipello Staff Reporter of THE WALL STREET JOURNAL

Updated Aug. 25, 2005 12:01 a.m. ET

Bombardier Inc. said net income for its fiscal second quarter rose to $117 million from the year-earlier $23 million, helped by a strengthening market for corporate jets and a gain from the sale of discontinued operations.

But the maker of planes and trains also announced that it will slash production of its 50-seat regional jet airliners to 18 units next year from 54 in the fiscal year ending Jan. 31. The move is the latest in a...